Climate Currents

Climate Blog

August 13, 2021

Our top stories this week analyze major Capitol Hill action on infrastructure and Democrats’ climate-heavy reconciliation plans, as well as drastic findings from the Intergovernmental Panel on Climate Change.

“Far from being low carbon, greenhouse gas emissions from the production of blue hydrogen are quite high, particularly due to the release of fugitive methane,” says the study from Stanford University researchers.

August 12, 2021

Oil majors ExxonMobil and Chevron are reportedly planning to retool their refineries to capture part of the growing market for renewable fuels, including by securing federal and state regulatory support.

August 11, 2021

The administration is reportedly hoping to develop incentives to produce sustainable aviation fuel (SAF) made from renewable sources, with electrification difficult in the sector because of the weight of batteries.

August 10, 2021

New reports are projecting massive shifts to lower-carbon technologies in the electricity and transportation sectors, including the possibility of major “stranded assets” at fossil fuel-fired power plants as zero-emitting resources ramp up and a steadily declining share of conventional, gasoline-

August 9, 2021

The groups are pressing lawmakers to require the Energy Department to provide lifecycle carbon assessments to determine which fuels qualify for a tax credit for sustainable aviation fuel.

August 6, 2021

Our top stories this week analyze a court ruling that FERC must consider carbon costs, as well as a coalition backing CCS tax credits, DOI poised to act on drilling, and the Chamber joining landmark climate nuisance suit.

After a scheduled Aug. 7 vote to formally cut off debate on a sprawling $1 trillion bipartisan infrastructure bill, the Senate could give the measure final approval early next week.

August 5, 2021

Sen. Chris Van Hollen (D-MD) plans to discuss his bill, which would impose $500 billion in taxes over a decade based on historical emissions from major fossil fuel producers, with Sen. Joe Manchin (D-WV).

August 4, 2021

The business group’s survey appears aimed at influencing proposed climate disclosure requirements expected later this year from the Securities & Exchange Commission.

The White House rollout of EPA’s auto greenhouse gas proposal will kick off the Biden administration’s push to reverse the Trump-era standards rollback.

August 3, 2021

Energy Policy Advocates says EPA is unlawfully withholding information on the role played by the agency’s acting air chief and a top White House official in federal climate policy.

Despite a tentative agreement to include the so-called 48C tax credits, a key Republican negotiator pressed to strip labor requirements, prompting the credits to be omitted entirely.

August 2, 2021

“Using only FEMA floodplain maps . . . may be limiting consumer participation in the flood insurance market for consumers who face flood risk and may also be increasing federal disaster assistance expenditures,” GAO says.

The rule will require chemical companies to eliminate “byproduct emissions” of HFC-23, a chemical with significant global warming potential.

July 30, 2021

EPA clean air advisors urge review of GHG authorities; Senate infrastructure deal retains climate measures; industry pursues new legal strategy against GHG rules; renewables press FERC on cost allocations; automakers urge “harmonization” of Biden rules; and more.

The industry-based Carbon Capture Coalition (CCC) issued a statement of strong support for the bipartisan infrastructure deal, arguing for enactment of both the hard-fought agreement reached this week and an emerging Democrats-only reconciliation proposal.

July 29, 2021

Securities and Exchange Commission (SEC) Chairman Gary Gensler is saying climate risk disclosure rules will be proposed by the end of the year, making a full-throated case for why the information is needed to ensure the stability and transparency of markets.

An annual report released by the American Clean Power Association (ACPA) shows 2020 was a record year for new renewable energy coming online, with wind, solar and battery storage power now exceeding 170 gigawatts.

Nevada’s Division of Environmental Protection (DEP) held a July 28 public meeting on developing regulations to promote the use of electric cars, launching a process that puts Nevada in line with more than a dozen other states on setting requirements for the sale and use of zero-emission vehicles.

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